Sunday, 26 January 2020

Zagreb the highest climber in real estate prices in 2018

By  Apr 12, 2019

According to an official report by the State Statistics Bureau property prices rose by 6 percent in 2018 compared to the year before. The data from the report shows that housing prices across the country climbed by 6.1 percent in 2018, with new-builds climbing by 3.6 percent and 6.6 percent for pre-existing homes.

The capital, Zagreb, saw the largest price rises in 2018, with property prices climbing by 8.5 percent last year. Along the Croatian Adriatic, which is normally the highest growth rate, the prices rose by 4.4 percent last year, in other words the capital prices climbed by almost double compared to the coastline.

The climb in real estate prices in the capital is thought to be due to the increase in Zagreb as a tourist destination, and investors are buying real estate to cover the demand for tourists and short-term rentals.

The Voice of Dubrovnik


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